Russia increases its foreign currency reserves

Russia increases its foreign currency reserves

Russia has increased its international foreign currency reserves by $2.1 billion (0.6%).

According to a report published by the Central Bank, as of March 11th 2016 the sum amounts to $381.1 billion, in comparison with $379 billion a week ago, Gazeta.ru reports.

Recall that earlier, Russian President Vladimir Putin expressed the opinion that the availability of foreign exchange reserves is a guarantee of the country's financial independence, which is why the president is ready to sacrifice the ruble to preserve reserves.

9070 views
We use cookies and collect personal data through Yandex.Metrica in order to provide you with the best possible experience on our website.